Tuesday, 11 April 2017

EPIC RESEARCH NCDEX CARDAMOM UPDATE OF 11 April 2017

Cardamom trading range for the day is 1217.1-1276.5. Cardamom dropped due to lack adequate support from stockists amid reports of higher supplies of imported variety. Prices are unlikely to improve in the coming week due to accumulation of imported stocks. Arrivals at the auction centres continued to shrink as the season has come to an end. Cardamom prices in spot market dropped by 0.60 rupees and settled at 1385.90 rupees.